An investigation performed for NASA LeRC by COMSAT Labs, of a digitally implemented on-board demultiplexer/demodulator able to process a mix of uplink carriers of differing bandwidths and center frequencies and programmable in orbit to accommodate variations in traffic flow is reported. The processor accepts high speed samples of the signal carried in a wideband satellite transponder channel, processes these as a composite to determine the signal spectrum, filters the result into individual channels that carry modulated carriers and demodulate these to recover their digital baseband content. The processor is implemented by using forward and inverse pipeline Fast Fourier Transformation techniques. The recovered carriers are then demodulated using a single digitally implemented demodulator that processes all of the modulated carriers. The effort has determined the feasibility of the concept with multiple TDMA carriers, identified critical path technologies, and assessed the potential of developing these technologies to a level capable of supporting a practical, cost effective on-board implementation. The result is a flexible, high speed, digitally implemented Fast Fourier Transform (FFT) bulk demultiplexer/demodulator.